Tag: M

Blue Horseshoe Stocks: VAPE Recap, Options & More

Yesterday’s Winning Plays

Vape Holdings, Inc. VAPE – This stock has been appearing in our reports sporadically for several months, and yesterday we re-mentioned it just in the nick of time to allow ourselves to catch intraday gains of up to 98% as it surged from .0045 to .0089. It marked a single-session gain of 98% and was by far the most impressive play of the day.

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CTI BioPharma Corp. CTIC – We’ve been hot on the trail of CTIC since releasing our morning report last Wednesday, and yesterday the stock continued to push its upper limits as it has done each day since. On the morning of our initial alert we observed a low of .45 in CTIC, and as of yesterday’s high of .71 had seen a solid increase of 60% in a span of just four sessions.

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Arcis Resources Corp. ARCS – Despite falling to new daily lows over the course of the afternoon, ARCS did provide an opportunity for quick-witted traders right at the outset of the session. The stock rapidly ran from .0026-.0057, representing a shot at up to 119% in gains before the bottom fell out. The stock closed at its low of .002, so we may want to scan for the possibility of an upcoming bottom-bounce.

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Added Note: Seeing healthy activity out of VAPE and ARCS, both cannabis-related stocks, reminds us of another play in the space that has made some big moves for us in the past and has just started to come up off of a bottom. That’s why we’ll also be watching GreenGro Technologfies, Inc. GRNH in sessions to come.

 New Options Ideas

We want to signal a set of options ideas for each of the following retailers in the wake of earnings beats this morning. We’ll be tracking these calls for potential intraday/intraweek trade opportunities:

Macy’s, Inc. M – Macy’s earnings and guidance are engendering investor confidence in the firm’s ability to streamline its business in 2016, and adapt to the changing marketplace. The resultant chart activity has us interested in tracking M Weekly $41.50-45 Calls.

The Home Depot, Inc. HD – In this case, our target range is going to be the HD Weekly $125-129 Calls.   Home Depot issued its report citing record earnings, and restated its plans to move forward with an $11B share repurchase program to be transacted by the end of fiscal 2017.

Extended Watchlist:
AEYE, CRTC, IORG, EZRT, EGYF, ESSI,

Blue Horseshoe Stocks: Options Recap & More

Updates on Yesterday’s Options Ideas

Both of our options ideas from yesterday’s premarket report returned some excellent chances for quick intraday profits. While it’s true that we signal Puts very rarely,  that didn’t stop us from sniffing out winning contracts!  

Macy’s, Inc. M –  After releasing disappointing sales figures for Q3 and gapping down considerably in premarket trading, Macy’s continued to plunge, registering a new 52-week low and creating all sort of opportunities within our targeted range, the M Weekly $47-43 Puts.

We had the $43’s run from 1.10-3.33; a move of 203%, and the $44’s turned in an even more impressive performance, shooting up 424% from .85-4.45. At the other end of the spectrum, the $47 Puts popped from 4.46 to 7.00 (+57%), but keep in mind that there were several sets of contracts in between, and traders were faced with potential gains regardless of the increment chosen!

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Horizon Pharma plc HZNP – HZNP was the other play we were bearish on yesterday, looking at the HZNP Weekly $20-17 Puts. Just like the previously mentioned play, we were afforded the chance at gains no matter what strike price we chose within our selected range of contracts, as the stock continued to pull back.

$20 Puts – Daily Range: 1.70-3.00 – Max Gain: 76%
$19 Puts – Daily Range: 1.15-2.20 – Max Gain: 91%
$18 Puts – Daily Range: .90-1.66  – Max Gain: 46%
$17 Puts – Daily Range: .65-1.30  – Max Gain: 100%

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FRESH OPTIONS IDEA:
JC Penney Company Inc. JCP

JC Penney got beaten back yesterday and looked oversold in our opinion, but the stock seems to be rebounding nicely in early trading today. We’re going to call attention to both a weekly and a longer term set of contracts that we want to monitor going forward. For intraday/week swing trades, we’ll look to JCP Weekly $8.50 Calls, and for an extended-term watch, we’ll go with the JCP 12/11 $9 and 9.50 Calls. We would be remiss if we failed to mention that JCP earnings are slated for release before market open tomorrow so things could get quite interesting, very soon.


Dolat Ventures, Inc. DOLV

We also want to quickly submit the following subpenny play for speculation. DOLV is going to be a bottom-watch play for us as we near week’s end. Indicators suggest a recovery could be in the cards, so we’ll be watching for the recording of higher highs and higher lows off of its recently established bottom.


Extended Watchlist:
BRWC, ZYXI, GACR, MCET

Blue Horseshoe Stocks: Fresh Options Ideas & More

New Options Ideas

It is a relatively seldom occurrence that we will signal Puts when speculating over potential options plays, but we have our eyes on a couple of stocks that are exhibiting the proper conditions to do so this morning. What figures to be another slow day for stocks with regard to overall market conditions, could also help us along to some intraday opportunities on the bearish side of things. 

Macy’s, Inc. M –  Despite exceeding expectations for profits, Macy’s returned disappointing sales figures for Q3 this morning and as a result, is gapping down considerably in the premarket. Over the past few sessions, the stock has behaved in a similar manner, with an early gap-down leading to further losses, so in the event that the pattern repeats itself we’re going to be tracking the M Weekly $47-43 Puts for swing-trade possibilities.

Macy’s reports lower sales, trims profit forecast (Wed 8:37AM EST)


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Horizon Pharma plc HZNP – HZNP is taking a major hit in the premarket on some negative press that began circulating late last night. It represents a considerable hit to the company, and with such news being thus far untraded-upon, we’re going to be taking a look at HZNP Weekly $20-17 Puts.

Express Scripts cuts off pharmacy that sold Horizon Pharma drugs (Wed 8:02AM EST)

Extended Watchlist:
ADMD, BTHE, KWBT, TDEY, XBIO,